CANNABIS

​It’s true. For the first time since the 70’s, penalty reduction for marijuana possession will be voted on by the Texas House of Representatives! Rep. Joe Moody’s House Bill 63​​ is one of our priorities policies and it has been scheduled for a vote TOMORROW. If passed, this bill would reduce penalties for low-level marijuana possession and…

Mental health issues in teenagers could be minimised by age controls and regulation over the strength of the product New research was published this week highlighting the associations between teenage cannabis use and a range of mental health problems. The results suggested that use of the drug was associated with an increased risk of depression…

Alberta Man Offers Tips For The Budding House Grower
Any accurate cannabis connoisseur knows that organically grown cannabis is a lot more desirable than cannabis grown with synthetic fertilizers. As legalization spreads, a lot more cannabis enthusiasts are naturally going...

Receiving a letter from the IRS, any letter, can be a fear inducing experience. But receiving a letter informing that you are under audit and requesting – nicely at first – that you produce all books and records for the year(s) under review can be particularly devastating. It’s possible that you contemplated an audit for…

As Pennsylvania’s medical marijuana program continues to grow, the Pennsylvania legislature is now turning its attention towards marijuana legalization. Despite growing state support of regulated marijuana programs and mounting research in support of its medicinal benefits, marijuana’s status under federal law continues to create uncertainty for state-legal marijuana entities and create roadblocks for medical researchers.…

On May 6, 2019, the Illinois Cannabis Regulation and Tax Act was filed in the Illinois state Senate as an amendment to Senate Bill 7. The Act is 523 pages long and proposes to legalize adult-use cannabis in Illinois by January 1, 2020 with licensure of adult-use cannabis businesses starting May 2020. The Act proposes…

Tuesday was a big day for medical and recreational marijuana across the nation. With victories in Utah, Missouri and Michigan, marijuana policy and reform advances further across the nation. Below is an overview of marijuana-related results from the 2018 ballots: Medical Marijuana Utah – Proposition 2 – Passed Proposition 2 passed in Tuesday’s vote with…

There are many considerations that come into play with financing early stage businesses, including how to budget appropriately for the business to be successful and how to structure capital raises, among other concerns. Budgeting With Risks In Mind Early stage companies – whether in the cannabis space or otherwise – often need more frequent infusions…

Today in Austin, those elected to serve us in the Texas House and Senate will be sworn in with an oath of office. While Lieutenant Governor Dan Patrick presides over the Senate, House members will elect one of their own to serve as Speaker of the House. Rep. Dennis Bonnen (R – Angelton) is presumed…

Our state’s Compassionate Use Program is unreasonably restrictive, leaving behind the vast majority of Texas patients who could benefit from medical cannabis. It’s time for a change! If you are a patient who would like to have legal access to medical cannabis, please join us next week at the Capitol to share your story. If your loved…

MOST POPULAR

How Temporary Cannabis State Licenses Came About As part of the enactment of the legal California cannabis regime, the three state licensing agencies (the Bureau of Cannabis Control, the CA Department of Public Health, and the CA Department of Food and Agriculture) were granted authority to issue Temporary State Licenses during 2018, which allowed cannabis…

ASPCA says it received more than 1,800 calls in 2018, with the legalisation of cannabis products largely to blame If you hear a rustling in your kitchen in the middle of the night, and venture downstairs only to find your dog making an unreasonably tall sandwich, don’t be surprised. The American Society for the Prevention…

The medical cannabis industry is luring major players, and legal recreational use could bring sky high returns for investorsTo listen to some of the predictions about the future of the cannabis industry, you would think financial analysts had been partaking heavily of the product. The European cannabis market will be worth €123bn (£106bn) by 2028,…

Startup founders often become swept up in the day-to-day on early product development and business development or other matters and may forget to pay adequate attention to initial company ownership and equity rights matters. It is nonetheless essential to document all equity issuances intended in real time, including documenting founders’ capitalization as soon as possible…

Cannabidiol, also known as CBD, is a chemical compound found in the cannabis plant. Unlike THC, CBD does not get a cannabis user high. But CBD still has an effect on the human body, and in recent years, it has become a popular treatment for a wide range of medical conditions. The effectiveness of CBD…